Bermuda enacts Delaware-style LLC legislation

Bermuda’s Parliament has recently enacted legislation that is designed to facilitate the creation of Delaware-style LLCs (Limited Liability Companies) in Bermuda.

A draft copy of the Limited Liability Company Act 2016 is available here:

http://www.bermudalaws.bm%2Flaws%2FAnnual%2520Laws%2F2016%2FActs%2FLimited%2520Liability%2520Company%2520Act%25202016.pdf&usg=AFQjCNECZVZYSoL_WTFpi46cwRa2a5equA

This is what the Government of Bermuda, Conyers Dill & Pearman and Appleby each have to say about it.

https://www.gov.bm/articles/limited-liability-company-act-2016

https://www.conyersdill.com/publications/view/bermuda-introduces-llc-legislation-based-on-delaware-statute

http://www.applebyglobal.com/insights/insights-2016/limited-liability-company-act-2016-passed-in-bermuda-senate-july-2016.aspx

 

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